How To Fix AC113 - Transaction type & does not exist. Correct your entry

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 113

• Message text: Transaction type & does not exist. Correct your entry

What causes this issue?

Transaction type &V1&, which you entered, does not exist.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Enter a different transaction type.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC113 - Transaction type & does not exist. Correct your entry ?

  The SAP error message AC113, which states "Transaction type & does not exist. Correct your entry," typically occurs in the context of Asset Accounting (FI-AA) when a user attempts to post a transaction using a transaction type that is not defined in the system.
  Cause:
  
  Invalid Transaction Type: The transaction type you are trying to use does not exist in the system. This could be due to a typo or because the transaction type has not been configured in the system.
  Missing Configuration: The transaction type may not have been set up in the Asset Accounting configuration.
  Authorization Issues: In some cases, the user may not have the necessary authorizations to access certain transaction types.
  
  Solution:
  
  Check Transaction Type: Verify that the transaction type you are trying to use is correct. Ensure there are no typos or errors in the entry.
  Configuration Check:
  
  Go to the configuration settings for Asset Accounting (Transaction code: SPRO).
  Navigate to Financial Accounting (New) > Asset Accounting > Transaction Types.
  Check if the transaction type exists and is properly configured.
  
  
  Create/Modify Transaction Type:
  
  If the transaction type does not exist, you may need to create it. This involves defining the transaction type and its associated settings.
  If it exists but is not configured correctly, you may need to modify it to meet your requirements.
  
  
  Authorization Check: Ensure that you have the necessary authorizations to use the transaction type. If not, contact your system administrator to grant the required permissions.
  
  Related Information:
  
  Transaction Types in Asset Accounting: Transaction types are used to categorize different types of asset transactions (e.g., acquisitions, retirements, transfers). Each transaction type has specific settings that determine how the system processes the transaction.
  Documentation: Refer to SAP documentation or help files for detailed information on configuring transaction types in Asset Accounting.
  SAP Notes: Check SAP Notes for any known issues or additional guidance related to this error message.
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or a functional consultant specializing in Asset Accounting.